SEC Form 4 · accession 0000750004-17-000148
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald O Perelman
Director · 10% Owner
Period of report
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 7:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000750004
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jun 15, 2017 | M | 4,338 | $0.00 | A | 76,161 | D | |
| Class A Common StockF1 | holding | — | — | — | 34,575,737 | I | By SGMS Acq. Corp., SGMS Acq. Two Corp., RLX Holdings Two LLC and MacAndrews & Forbes Incorporated. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | Jun 15, 2017 | M | 4,338 | D | — | — | Common Stock | 4,338 | 13,015 | D |
Explanation of responses
- F1Mr. Perelman is the sole stockholder of MacAndrews & Forbes Incorporated, which is the sole stockholder of each of SGMS Acquisition Corporation, SGMS Acquisition Two Corporation and RLX Holdings Two LLC.
- F2Represents vesting of one-fourth of restricted stock units granted on June 15, 2016. The balance of the award is scheduled to vest on June 15, 2018 (4,338 shares), 2019 (4,338 shares) and 2020 (4,339 shares). Each unit converts into a share of common stock on a one-for-one basis.